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German carmaker Audi's cash pile grew over the first half of the year, and now accounts for nearly 80 percent of parent Volkswagen's war chest.

The premium carmaker said on Friday its net liquidity rose to more than 9.7 billion euros ($13.7 billion) at the end of June from 9.3 billion euros at the end of December. VW had said on Thursday its automotive net liquidity stood at 12.3 billion.

Volkswagen will likely use part of its cash to buy sports car maker Porsche AG.


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Audi's Cash Pile Continues To Grow- Accounting For 80% Of Volkswagen's War Chest

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